TY  - BOOK
AU  - Craigwell, Roland
TI  - Exchange rate regimes and monetary autonomy : empirical evidence from selected Caribbean countries
PY  - 2007///
CY  - [St. Augustine]TT
PB  - [Caribbean Centre for Money and Finance]
N2  - Uses the error correcting methodology to investigate how pegged and non-pegged exchange rate regimes in a set of Caribbean countries affect the closeness of the relationship between changes in a base country rate and the local rate.  Supports the open economy macroeconomic policy trilemma proposition that only two of the following goals - stability in the exchange rate, national independence in monetary policy and free capital mobility - can be achieved simultaneously
ER  -